In reply to abhisekb.

The IXs, at this moment, would not accept BLE as the channel to pass tokens and give the transaction a CP designation. Looks like using Contactless EMV was good enough. But I am pretty sure that Apple will have the BLE proximity version soon if the rest of the value chain plays along.

Also bear in mind that that only some 3% of all POS/ECRs in US have NFC... and BLE on the merchant side is essentially non-existent. iBeacon is but a idea right now.